Artikel
Team rivalry and lending on crowdfunding platforms: an empirical analysis
Background: Prosocial crowdfunding helps the underprivileged obtain non-profit seeking loans from multitudinous lenders. Some platforms introduce team competition to motivate member participation and may thus induce team rivalry. Methods: We investigate how team rivalry affects lending decisions using data from Kiva.org. We argue that a rivalry relationship may engage teams to compete directly against rivals by lending to the same project or prevent them from doing so because they intend not to cooperate. Result: We find that a team is less likely to lend to a project that has received funding from its rival team, suggesting that rival teams tend to avoid cooperation. Conclusions: We discuss the implications of our findings for crowdfunding and competition-based motivation mechanisms in general.
- Sprache
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Englisch
- Erschienen in
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Journal: Financial Innovation ; ISSN: 2199-4730 ; Volume: 2 ; Year: 2016 ; Issue: 17 ; Pages: 1-8 ; Heidelberg: Springer
- Klassifikation
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Management
- Thema
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Crowdfunding
Prosocial lending
Rivalry relationship
Lending decision
- Ereignis
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Geistige Schöpfung
- (wer)
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Ge, Ling
Luo, Xuechen
- Ereignis
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Veröffentlichung
- (wer)
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Springer
- (wo)
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Heidelberg
- (wann)
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2016
- DOI
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doi:10.1186/s40854-016-0035-8
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:46 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Ge, Ling
- Luo, Xuechen
- Springer
Entstanden
- 2016